The canned salmon market was valued at US$ 3,039.67 million in 2019 and is projected to reach US$ 4,136.52 million by 2027; it is expected to grow at a CAGR of 4.1% from 2020 to 2027.
The salmon consumption is increasing at an unprecedented rate worldwide. For instance, as per the World Wildlife Fund, salmon consumption worldwide is three times higher than it was in 1980. Furthermore, salmon aquaculture has become the fastest-growing food production system—accounting for 70% (2.5 million metric tons) of the market, and generating billions of dollars in revenue in local economies globally. Surge in demand for seafood in emerging countries and rise in healthy and nutritious food have increased the salmon consumption globally.
Canned Salmon market report also provides a thorough understanding of the cutting-edge competitive analysis of the emerging market trends along with the drivers, restraints, challenges, and opportunities in the Canned Salmon market to offer worthwhile insights and current scenario for making right decision. The report covers the prominent players in the market with detailed SWOT analysis, financial overview, and key developments of the products/services from the past three years. Moreover, the report also offers a 360º outlook of the market through the competitive landscape of the global industry player and helps the companies to garner Canned Salmon market revenue by understanding the strategic growth approaches.
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Leading Canned Salmon market Players:
Austevoll Seafood ASA
Beijing Princess Seafood International Trading
Bumble Bee Foods
EQUA Seafoods
Freedom Foods Group Limited
Mogster Group
Peter Pan Seafoods
Princes Group
Raincoast Trading
Wild Planet
Salmon consumption helps prevent heart disease; lower cholesterol and blood pressure; boost brain function; and reduce the risk of cancer, stroke, depression, Alzheimer’s disease, arthritis, Crohn’s disease, and asthma. Rising shift toward healthy eating habits, which consist of a variety of protein foods, including more seafood, is driving the growth of the canned salmon market. As per the Seafood Nutrition Partnership, the dietary guidelines recommend eating around 8 ounces of seafood to get at least 250 mg per day of omega-3 fatty acids. Also, pregnant women are advised to eat at least 8 ounces of seafood every week for improved infant health
The report is a combination of qualitative and quantitative analysis of the virtual reality industry. The global market majorly considers five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America (SACM). The report also focuses on the exhaustive PEST analysis and extensive market dynamics during the forecast period.
The report currently provides detailed insights on trends, market share, market size, market value, and trading volume. The global Canned Salmon market report provides a comprehensive analysis of COVID-19 infections and how it has impacted market growth. This study explains the future opportunities for market participants. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory.
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